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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1610 Oak Tree Rd Iselin, NJ 08830

    • Commercial real estate
    • 1,213 SF
    • 0.17 lot acres
    For Sale
    View listing
    $975,000
    Value Estimations
    Cap Rate Potential
    3.5%
    Commercial real estate
    Location Intelligence
    Property ID
    US59-1142720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Psychic Reader, Spiritual Healer, Astrologer in New Jersey / Life Coach / Reiki Therapist
    • PSYCHIC READINGS BY NOEL / Astrologer
    • PSYCHIC READINGS BY ANGEL NOEL / Psychic / Astrologer
    • PSYCHIC HEALER AND ADVISOR / Psychic / Astrologer

    Property Details for 1610 Oak Tree Rd

    Year built
    1945
    Lot size
    0.17 lot acres
    Property size
    1,213 SF
    Zone code
    R-6
    Property type
    Commercial real estate
    APN
    25 00440- 02-00016
    APU
    25004400200016

    Description

    This exceptional 0.168-acre commercial land parcel, located at 1610 Oak Tree Road in Iselin, New Jersey (zip code 08830), presents a unique investment opportunity. The property, built in 1945 and featuring a two-story structure, boasts a highly desirable location at a busy intersection of Oak Tree Road and Wood Avenue. Its proximity to major transportation arteries is a key advantage

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $300,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $266,000
      Market price range: $175k - $411k
      AI Estimate
      $211,000
      Market price range: $68.5k - $320k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $270,000
      Current use
      OFFICE BUILDING
      $330,000
      Change: +22% Conversion: Easy

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Iselin
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3358
    Latitude
    40.5732
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $9,662
    $21,700
    $62,100
    $83,800
    -
    $21,700
    $62,100
    $83,800

    Comparable in this City

    • Value Estimation by Request
      0.29 Acres

      Green St

      Commercial real estate • 0.29 Acres
      Green St, Iselin, NJ 08830
      View Details
    • Value Estimation
      $340,000
      0.17 Acres

      1317 Oak Tree Rd

      COMMERCIAL (GENERAL) • 0.17 Acres
      1317 Oak Tree Rd, Iselin, NJ 08830-1712
      View Details
    • Value Estimation
      $260,000
      2.59 Acres

      1518 Oak Tree Rd, Unit 1546

      COMMERCIAL (GENERAL) • 2.59 Acres
      1518 Oak Tree Rd, Iselin, NJ 08830-1502
      View Details
    • Value Estimation
      $315,000
      0.14 Acres

      514 State Rte 27

      COMMERCIAL (GENERAL) • 0.14 Acres
      514 State Rte 27, Iselin, NJ 08830-1760
      View Details
    • Value Estimation
      $315,000
      1,698 SF

      266 Middlesex Tpke

      COMMERCIAL (GENERAL) • 1,698 SF
      266 Middlesex Tpke, Iselin, NJ 08830-2032
      View Details
    • Value Estimation
      $265,000
      1,664 SF

      1411 Oak Tree Rd

      COMMERCIAL (GENERAL) • 1,664 SF
      1411 Oak Tree Rd, Iselin, NJ 08830-1696
      View Details

    Similar Nearby for Sale

    • $899,900

      Iselin Commercial Land Opportunity

      Prime Iselin location, mixed-use potential.
      1610 Oak Tree Rd, Woodbridge Township, NJ 08830
      View Details
    • Contact for pricing
      400 SF

      Iselin Commercial Land Opportunity

      400 SF Commercial Land for Lease
      838 Grn St, Woodbridge Township, NJ 08830
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      0.57 Acres

      Iselin Retail End Cap Opportunity

      High-Visibility Corner Retail Space, 1150 SF
      Green St, Iselin, NJ 08830
      View Details
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      0.29 Acres

      Iselin Commercial Space - Prime Location

      1400 SF Retail Space, Vanilla Box Delivery
      Green St, Iselin, NJ 08830
      View Details
    • $275,000

      Established Retail Business Opportunity

      Profitable retail business with inventory included in a high-traffic location.
      1381 Oak Tree Rd, Iselin, NJ 08830
      View Details
    • $695,000
      1,800 SF

      Iselin Office Space Available

      Office space for sale in Iselin, New Jersey.
      260 Middlesex Tpke, Iselin, NJ 08830
      View Details

    Similar Nearby for Lease

    • $3,185 /Mo

      Luxury Apartments Near Metropark Station

      Upscale apartments with modern amenities and convenient transit access.
      3 Ronson Rd, Iselin, NJ 08830
      View Details
    • Contact for pricing
      759 SF

      Convenient Office Space Near Transit

      Office space with easy access to transportation and amenities.
      190 Middlesex Tpke, Iselin, NJ 08830
      View Details
    • $32 SF/Yr
      32,500 SF

      Iselin Office Space Available

      Available office space in Iselin, New Jersey.
      100 Wood Ave S, Iselin, NJ 08830
      View Details
    • Contact for pricing
      2,141 SF

      Nine-Story Office Building with Amenities

      255,000 square foot office building with parking and retail.
      111 S Wood Ave, Iselin, NJ 08830
      View Details
    • Contact for pricing
      410,788 SF

      Woodbridge Retail Plaza Opportunity

      High-traffic retail space, NJ.
      675 Rte 1, Woodbridge Township, NJ 08830
      View Details
    • $6 SF/Yr
      3,600 SF

      Iselin Executive Office Suite

      Move-in ready, 900 sq ft office space
      894 Grn St, Woodbridge Township, NJ 08830
      View Details
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    1610 Oak Tree Rd
    Iselin, NJ 08830
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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